Short Interest in Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSEP) Declines By 17.9%

Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSEP) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 208,900 shares, a drop of 17.9% from the May 15th total of 254,300 shares. Based on an average daily volume of 95,800 shares, the short-interest ratio is currently 2.2 days.

Chicken Soup for the Soul Entertainment Stock Down 8.7 %

NASDAQ CSSEP traded down $0.21 during midday trading on Friday, hitting $2.22. 9,283 shares of the company traded hands, compared to its average volume of 75,276. Chicken Soup for the Soul Entertainment has a 52 week low of $0.38 and a 52 week high of $15.20. The company’s 50-day simple moving average is $2.22 and its 200-day simple moving average is $2.56.

About Chicken Soup for the Soul Entertainment

Chicken Soup for the Soul Entertainment, Inc operates as an advertising-supported video-on-demand (VOD) company in the United States and internationally. It owns and operates various ad-supported and subscription-based VOD networks, including Redbox, Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Popcornflix Comedy, FrightPix, Truli, and Españolflix, as well as Pivotshare, subscription VOD platform.